China’s housing prices slid for the fourth straight month in August as potential buyers continued to wait for lower prices despite removal of home purchase restrictions in many cities. According to new numbers released today by the National Bureau of… Read More>>
Yuexiu Property Plans $495M Rights Issue in China Cash Crunch
Yuexiu Property announced last week that it plans a HK$3.84 billion ($495 million) rights issue, becoming the second major Chinese real estate developer in a week to turn to the equity markets as slowing home sales continue to squeeze the… Read More>>
China Home Purchase Restrictions Disappear – The Complete Timeline
Three more Chinese local governments announced the abolition of all home purchase restrictions on Thursday, bringing to more than 30 the number of local governments that have done away with the measures in a bid to revive their flagging home… Read More>>
China Home Prices Drop in 91% of Largest Cities as Slump Steepens
The air continued to ease out of China’s housing bubble in July as average home prices slid by 0.9 percent nationwide, according to government figures released today.
Market data released by the National Bureau of Statistics indicated a third consecutive… Read More>>
China Housing Sales Drop 10.5% in 2014 as Credit Dries Up
Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.
According to figures released by… Read More>>
China Housing Prices Fall in 55 Out of 70 Cities
China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>
Real Estate Investment Skid Slowing Down Land Prices
Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.
And these difficulties facing property firms are rapidly spreading to the… Read More>>
Real Estate Prices Dropped in May as 5-Month Slide Continues
The average price of housing dropped in China last month for the first time in nearly two years, as tight credit and reluctant buyers continued to put pressure on the nation’s developers.
According to data released today by the National… Read More>>
Slow Sales Bring Real Estate Investment Growth Down to 14.7%
China’s central government seems to be getting its wish as investment in the country’s real estate sector slowed in May due to slower sales and tightened credit. Now the challenge remains to encourage healthy economic growth in 2014 without the… Read More>>
Home Price Slowdown Brings Drop in Sales and Construction in Q1
Growth in China’s housing prices continued to slow during March, and a slackening in transactions brought housing sales revenues for the quarter down 7.7 percent compared to the same period last year. And now the market slowdown seems to be… Read More>>
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